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Xac Bank (Mongolia)

Main Activities: Commercial Banking
Full name: Xac Bank Profile Updated: May 03, 2019
Buy our report for this company USD 19.99 Most recent financial data: 2016 Available in: English Download a sample report

Xac Bank is engaged in providing banking and credit intermediation services. The company offers personal banking, business banking as well as e-banking services. Xac Bank products portfolio includes consumer loans, internet banking, gold card, international cards, deposit, 8(+/-1)% mortgage, safety deposit box, mortgage services, domestic and international remittances, among others. The company was created from the merger of Goviin Ekhlel LCC and X.A.C., LLC in 2001. Xac Bank operates as a fully owned subsidiary of TenGer Financial Group. The company is based in Ulaanbaatar, Mongolia.

Headquarters
XacBank HQ Bldg,Prime Minister Amar's Street, Post Branch 20A, P.O. Box -72
Ulaanbaatar; Ulaanbaatar; Postal Code: 14200

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Website: http://www.xacbank.mn/

Basic Information
Total Employees:
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Financial Auditors:
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Incorporation Date:
2001
Key Executives
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President
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CEO
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Chairman of the Board of Directors
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Non-executive Director
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Non-executive Director
Ownership Details
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100%
Company Performance
Financial values in the chart are available after Xac Bank report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency MNT. Absolute financial data is included in the purchased report.
Net interest income
-31.58%
Net fee and commission income
23.8%
Total assets
16.59%
Loans and advances to customers
-1.2%
Deposits from customers
-2.63%
Total equity
14.53%
Total Assets Trend
23.18%
Net Interest Income Trend
-67.44%
Loans to Deposits Ratio
90256.9%
Loans to Asset Ratio
-9.23%

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